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BTL, vile lowlife business, nobody wants to be living under their roofs
Comments
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leveller2911 wrote: »Having a roof over your head should be a fundermental right.
Nothing wrong with making a profit in business, making excessive/obsene profits to the cost of Society as a whole, I think is wrong , the way in which the Banks have behaved proved that point..0 -
stringsmk2 wrote: »and least you've admitted your failings that you are socialist. There is nothing wrong with that but we dont live in a socialist world so we all need to adapt to the real world.
It is human nature to want to suceed, some will and some wont.
Interestingly, I still have had no advice as to what I should have done with my property now that I am not living in it, should I leave it empty?
Actually I'm not a Socialist, firstly I'm self employed and run my own business (25yrs so far so good). I have no political ties as I believe all parties have some good and bad policies , guess Im openminded.0 -
I am a BTL landlord for reasons not of my own choosing, although entirely of my own making in that I needed to move to bigger place.
I bought a gorgeous but tiny little home for myself and for reasons I wont bore you with three years later my daughter moved back home to live with me. The property was not big enough for us both, it was too far from daughter's work and no parking (she works shifts and would come home at 2am to have to park 10/15 mins walk away). Looked into renting larger property until our home could sell, but rent costs way, way more than mortgage on bigger home would be (probably due, no doubt to evil landlords of whom you speak?) but found perfect place to buy at bargain price (builders desperate to get shot - now I know why). Bought said new home, decided to rent out original home for short term until I could sell it. Rented it out at less than market value as terrified it would sit empty. Made loss of £££ per month on property after fees.
Tenants were total scumbags who trashed the place (who'd have thought it? Professional couple, good refs - turns out innate and previously unrealised snobbery does not hold one in good stead). Spent shed loads doing it up to sell - no go. Agents advised me to put up rent to deter such scumbags - house now just about washes its face (so long as no repairs required).
3 years later situation no better. Accrued £42k debt trying to manage both properties. Trying desperately and frantically to get straight so can sell up and sort myself out.
No way out at present.
Don't want to be landlord but at age 41, with no pension, no future security what are my choices? Would love to hear them.
Silly me for divorcing scumbag husband and leaving with nothing rather than taking his money. Oh wait, no, I'd rather be scumbag landlord. Pride comes before a fall, they say.0 -
Why? I have a spare Blackberry sitting in the drawer doing nothing, it is mine and I choose what to do with it the same as one day I will own a classic car it will sit in my garage for my enjoyment but should it be taken from me and given to someone carless?
Blackberries and cars are wants.0 -
leveller2911 wrote: »Having a roof over your head should be a fundermental right.
Nothing wrong with making a profit in business, making excessive/obsene profits to the cost of Society as a whole, I think is wrong , the way in which the Banks have behaved proved that point..
People have a roof over their heads, they just pay someone else for it, like I do with the bank for the time being.
And for many it works out more cost effective in the short term.
In your idealist world, where would a business person live on a short basis if they came to the UK to work, a hotel?
You also say that profit in business is ok, what about Tesco and the like making Billions for the shareholders at the consumers expense, do you expect Tesco to run at a zero % margin?
I see your frustration and I feel for you. I dont want rampant HPI either, but like many I am playing the cards I am dealt with.
Perhaps you should look back on 2010 and see what changes and improvements you can make in 2011 to your well being.0 -
I rent out a couple of properties but live in a rental myself so I'm only a cheating lying reptilian worm until noon.
Like Cinderella in reverse, I must make sure I'm home by 12 so my own landlord then becomes the cheating lying reptilian worm.
For a brief moment, like the scene from that old film Ladyhawke, we can almost see each other as decent human beings.0 -
PasturesNew wrote: »Shelter is a basic human need.
Blackberries and cars are wants.
apparently the internet is a need too0 -
leveller2911 wrote: »Having a roof over your head should be a fundermental right.
...
Why just a "roof"? Why not a 4 bedroom detached, 1/4 acre garden, within easy commuting distance of central London?0 -
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PasturesNew wrote: »Shelter is a basic human need.
Blackberries and cars are wants.0
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